March 19, 2021 – Philadelphia, Pennsylvania – Family lawyer Sarinia Feinman was interviewed by Mike Menninger on his show “Financial Planning Explained.” The RVN TV interview aired on March 15th and will air again on Friday, March 19th at 11:30am. A second part will air next week on Monday, March 22nd at 6 p.m. and on Friday, March 26th at 11:30 a.m.
Sarinia M. Feinman is a partner with King of Prussia Family Law Firm Vetrano | Vetrano & Feinman LLC. As part of her practice, she deals with clients’ financial questions on a daily basis, and has spoken on financial issues for multiple organizations, including the Pennsylvania Bar Association and the Montgomery Bar Association.
Mike Menninger, a Certified Financial Planner and President of Menninger & Associates, does a weekly show for RVN TV on various aspects of financial planning.
In the interview, Ms. Feinman and Mr. Menninger discussed many important elements of the financial aspects of divorce. Ms. Feinman asserted that for clients, the first step to taking back their lives is often to determine what assets comprise the marital estate, even before they start going through scenarios of what might happen in court.
Mr. Menninger noted that in some divorces, the financial division is much more difficult for one spouse, commonly the wife, who has put her career on hold, and has the difficulty of starting a career in her 50s; whereas the higher wage-earning spouse could be fine with a large income and the ability to continue to earn. In response, Ms. Feinman noted that Pennsylvania is an equitable distribution state, so factors such as earning ability are taken into account, but the settlement awarded by the court can vary from county to county.
When Mr. Menninger asked, “What drives the nuances between one county and another?” Ms. Feinman answered, “It mostly would be the hearing officers and how they are viewing it.” She went on to explain the benefit of having an effective family attorney who is experienced with what the courts in different counties will do. That experience allows them to tell clients when they will be wasting time and money pushing for a result that they will be unable to get in court.
The second interview will include factors to consider on subjects such as alimony, division of assets, and tax laws. You can see the first interview in its entirety at https://www.youtube.com/watch?v=kha2fFn0h2c.
